Category: Financial Regulation

The US House Committee passes a bill to strengthen stablecoin oversight

US House Committee Advances Bill to Enhance Oversight of Stablecoins The landscape of digital payments is rapidly evolving, with stablecoins emerging as a prominent player in the realm of cryptocurrencies. In response to the growing influence of these digital assets, the US House Committee has taken a significant step by passing a bill designed to […]

CFTC removes crypto derivatives advisories to align with traditional finance

CFTC Removes Crypto Derivatives Advisories to Align with Traditional Finance In a significant move that signals a shift towards mainstream acceptance of cryptocurrencies, the Commodity Futures Trading Commission (CFTC) has decided to remove crypto derivatives advisories. This decision is aimed at aligning the regulatory framework for digital assets more closely with traditional financial markets, thereby […]

Pakistan prepares to legalise cryptocurrency trading

Pakistan Prepares to Legalize Cryptocurrency Trading Pakistan is on the brink of a significant financial shift as it gears up to legalize cryptocurrency trading. With an estimated 15 to 20 million crypto users in the country, the decision to embrace digital assets marks a pivotal moment in Pakistan’s economic landscape. This move not only reflects […]

Turkey grants full control of crypto regulation to CMB

Turkey Grants Full Control of Crypto Regulation to CMB Turkey has taken a significant step in the regulation of the cryptocurrency sector by granting full control to the Capital Markets Board (CMB). This move comes as part of the new crypto regulations in the country, which aim to bring more stability and security to the […]

Mark Carney criticises Bitcoin as Canada’s new prime minister

Mark Carney Criticizes Bitcoin as Canada’s New Prime Minister In a recent development that has sparked debates in the financial world, Mark Carney, the newly appointed Prime Minister of Canada, has come out strongly against Bitcoin. The former Governor of the Bank of England is known for his stance on central bank digital currencies, which […]

Russia considers crypto trading trial for elite investors

Russia Considers Crypto Trading Trial for Elite Investors Russia is making waves in the world of cryptocurrency with a new proposal that could revolutionize the way top-tier investors engage with digital assets. The Ministry of Finance and the Bank of Russia are currently in talks to launch a regulated cryptocurrency trading programme exclusively designed for […]

Dubai targets crypto whales with new regulations

Dubai’s New Regulations Target Crypto Whales: A Bold Move by VARA Dubai, known for its luxurious lifestyle and innovative business landscape, is making waves in the world of cryptocurrency with its latest initiative. The Virtual Assets Regulatory Authority (VARA) is spearheading a drive to regulate the activities of crypto whales in the region. This move […]

Crypto regulations under review as SEC meets with industry leaders

Crypto Regulations Under Review: SEC Collaborates with Industry Leaders The world of cryptocurrency has been a hot topic in recent years, with its rapid rise in popularity and value. As more and more people and businesses embrace digital currencies, regulatory bodies like the U.S. Securities and Exchange Commission (SEC) are faced with the challenge of […]

Hong Kong sets a precedent by accepting crypto as proof of assets

Hong Kong Sets a Precedent by Accepting Crypto as Proof of Assets In a groundbreaking move, Hong Kong has taken a significant step towards embracing the world of cryptocurrency by allowing Bitcoin and Ethereum holdings to be used as proof of assets for investment immigration. This decision not only marks a milestone for the region […]

Top crypto leaders eye seats on Trump’s advisory group

Top Crypto Leaders Eye Seats on Trump’s Advisory Group As the world of cryptocurrencies continues to gain mainstream recognition and adoption, top leaders in the crypto industry are now setting their sights on securing seats on influential advisory groups, including the one being formed by former President Donald Trump. This advisory group, which will consist […]

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